Juggling financial workflows is often an area of significant friction for any young business, with digital solutions opening up new avenues to optimize and automate. For investment managers, however, managing finances isn’t merely a headache: it’s filled with complexities that are made even more complicated due to the regulatory-intensive nature of the industry.
Especially for funds that are just starting out, juggling financial management with compliance — all with limited resources — has become a major roadblock to success and growth.
Sean Wilke, partner at Greyline Partners and head of its newly-announced GCM Advisory unit, says there is a convergence occurring between finance and compliance operations that is adding operational challenges for investment managers. Speaking with PYMNTS, he explored how a combination of technological adoption and outsourced services can help funds achieve the level of operational excellence
